I am getting a lump sum from work but am leaving soon to stir to uni. I want to put the money away, somewhere that i preferably cannot dip into it, until after i graduate. How can i invest it and how much am i likey to receive back from it?
Thanks
Answers: The open market for fixed rate bonds at the moment is very competitive. Because the majority do not allow access to your money for a set length of time they offer difficult rates. You can lock your money away for between 6 months and 5 years and rates are currently as high as 7.15%.
If you log on to our website www.moneyfacts.co.uk our reserves section should abet you find the best account for you.
With that sort of money I would recommend EGG.com and apply for a fixed rate bond. They supply you a set interest for the whole year reagardless of whther it go up or down. On that amount of money you will make interest of lb200/
Another obedient idea is premium bonds from NS&I. You dont receive any interest but on that much money you have a perfect chance of unbeaten quite a bit of money...and rotten course its free and your money is perfectly sheltered. The only down side is that you lose money within the sense that it becomes smaller quantity valauble due to inflation.
The Egg idea allows you too ofset the inflation revision and you dont lose anything. You cannot accsess the egg money until the end of the yead and afterwards you can reinvest it.
The premium bonds can be cashed out but it takes a while and requires special forms.
What I speak about my clients is to invest to both fixed income investments (like treasury bills, bank CDs, even rental property) and to assets growth securities (stocks, foreign exchange, commodities). This way, your money enjoy the best of both type of investments--regular fixed income to help beside day to year expenses, and capital growth for adjectives cash flow.
Talk to your financial advisor in the order of this.
I wish you the best!
Jim http://jsforex.blogspot.com
Halifax will compensate you 12% for it for one year, after that, just hang on to finding similar high interest deal send it over il pocket good effort for you
Look at NS&I your money is 100% safe.
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Answers: The open market for fixed rate bonds at the moment is very competitive. Because the majority do not allow access to your money for a set length of time they offer difficult rates. You can lock your money away for between 6 months and 5 years and rates are currently as high as 7.15%.
If you log on to our website www.moneyfacts.co.uk our reserves section should abet you find the best account for you.
Should I invest surrounded by this company?
With that sort of money I would recommend EGG.com and apply for a fixed rate bond. They supply you a set interest for the whole year reagardless of whther it go up or down. On that amount of money you will make interest of lb200/
Another obedient idea is premium bonds from NS&I. You dont receive any interest but on that much money you have a perfect chance of unbeaten quite a bit of money...and rotten course its free and your money is perfectly sheltered. The only down side is that you lose money within the sense that it becomes smaller quantity valauble due to inflation.
The Egg idea allows you too ofset the inflation revision and you dont lose anything. You cannot accsess the egg money until the end of the yead and afterwards you can reinvest it.
The premium bonds can be cashed out but it takes a while and requires special forms.
Any accepted wisdom on how to invest 1-3 thousands dollars?
What I speak about my clients is to invest to both fixed income investments (like treasury bills, bank CDs, even rental property) and to assets growth securities (stocks, foreign exchange, commodities). This way, your money enjoy the best of both type of investments--regular fixed income to help beside day to year expenses, and capital growth for adjectives cash flow.
Talk to your financial advisor in the order of this.
I wish you the best!
Jim http://jsforex.blogspot.com
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Halifax will compensate you 12% for it for one year, after that, just hang on to finding similar high interest deal send it over il pocket good effort for you
How can i invest within penny stocks?
Look at NS&I your money is 100% safe.
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